Question: Assume that variable overhead is overapplied by $200 and fixed overhead is underapplied by $100. If these variances are considered immaterial, the effect on

Assume that variable overhead is overapplied by $200 and fixed overhead is underapplied by $100. If these

Assume that variable overhead is overapplied by $200 and fixed overhead is underapplied by $100. If these variances are considered immaterial, the effect on cost of goods sold is: a) $300 increase b) $100 increase c) $300 decrease d) $100 decrease

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